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Top 3 News: Upcoming Bitcoin Bull Run, XRP Unlock and Shiba Inu Game Launch on iOS

Sep 3, 2024
  1. 5 Signs Bitcoin Bull Run is Coming This September
  2. Ripple Unlocks 1 Billion XRP Tokens
  3. Major Shiba Inu (SHIB) Game Goes Live on App Store

U.Today has prepared the top three news stories over the past day. In this article, you will learn about five signs of an upcoming Bitcoin bull run, the unlocking of 1 billion XRP tokens by Ripple, and the release of the new Shiba Inu game on the iOS platform.

5 Signs Bitcoin Bull Run is Coming This September

Recent analysis on the Spot On Chain platform showed a possible positive trend for Bitcoin in September. According to their data, 43% of negative Augusts were followed by positive Septembers, which supports the possibility of a Bitcoin rebound. The second factor is the reduction in sales by major players such as the German government, Mt. Gox, and Genesis Trading, who sold more than 170,000 BTC in July and August. Third, long-term holders continue to increase their holdings, adding 262,000 BTC in August, bringing their total to 14.82 million BTC, which represents 75% of the total supply. The fourth factor is the potential new wave of investment in Bitcoin ETFs. Finally, a combination of factors such as a possible Fed rate cut, FTX paying back $16 billion in cash, and growing political support for favorable cryptocurrency regulations in the US could stimulate BTC purchases.

Ripple Unlocks 1 Billion XRP Tokens

According to a recent report by Wu Blockchain, on September 1, Ripple unlocked 1 billion XRP tokens from address rDqGA...mKxEsF in three transactions. The value of the unlocked tokens is estimated to be over $560 million. Researchers at XRPSCAN and Bithomp identified the mentioned address as an official Ripple address. In 2017, the company decided to place 55 billion XRP in several escrow wallets, releasing one billion tokens each month to make the XRP supply more predictable. However, the actual number of tokens that enter circulation often ends up being lower than this set amount. As explained by Ripple CTO David Schwartz, XRP tends to remain in the expired escrow until someone (anyone) cancels it. 'Many escrows are split into multiple escrows that expire at the same time for administrative convenience,' he added.

Major Shiba Inu (SHIB) Game Goes Live on App Store

The Shiba Inu project is expanding its reach on the iOS platform, aiming to enhance user experience and engagement. As highlighted in a recent announcement by PlayWithShib, iPhone users can now download the game Agent Shiboshi directly from the App Store and dive into exciting gameplay. Previously available to Android users, the game received positive reviews and enthusiasm, prompting the project to offer it to iPhone users as well. In this fantasy violence game, players take on the role of Agent Shiboshi, the hero tasked with defeating foes known as evil Shadowcats. The action game challenges players' aiming and shooting skills. While the game is available on iOS, it is compatible only with devices running iOS 13.0 or later, including iPhones, iPads, and iPod touch.

These three news stories highlight significant achievements and developments in the cryptocurrency and blockchain space. From the potential Bitcoin resurgence in September to major actions by Ripple and new opportunities for Shiba Inu users, all indicate the dynamic evolution of the industry.

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